SHAREMARKET
Sharemarket is the market where our luck is tested ?
Haha ! Absolutely not.
It's the market where buy and sell of shares of public company takes place.
KITTA ?
It's just unit like kg, m, l.
1kitta means 1 unit of share.
Most of us want to know about it but you mightn't know from where we can get knowledge abou it. If it's true then you are reading a blog that might help you.
Market is distinguished as;
1) Primary Market
2) Secondary Market
Primary Market :
It includes the buy and sell of shares between company and people.
IPO
Initial Public Offering : It is the first offering of shares from public company to the public. Normally you can apply minimum of 10kitta shares. Maximum depends on company.
Many people believe IPO IS A SAFE SIDE IN SHAREMARKET .
Is this true?
It may be true in many cases but it isn't true always. It depends on the company's worth, activity, performance and so on.
To invest on IPO, one should have knowledge of fundamentals so that he/she can interpret the financial report of the company. Mainly, PE, EPS, Total assests, Total liabilities, Profit Loss, Reserves Surplus and so on.
FPO : (Follow p Public Offering) - It is like IPO which is issued by company again after the issuing of IPO.
RIGHT SHARE : One can apply for right share if he/she holds the share of that company. For eg. Ram holds the 10kitta share of PKP company and PKP issued the right share of 1:1. Then Ram can apply for the 10kitta right share because he holds 10kitta share.
How to enter primary market ?
REQUIREMENTS:
- Bank account
- Demat account
- CRN number
- Meroshare account
You can enter primary market by opening following steps:
Step 1 : First of all, you must have own bank account.
Step 2 : After that, you have to open demat account from your respective bank. You can open demat account from broker office too.
Step 3 : Now, you have to fill up the CASBA form to get CRN NUMBER.
Once you get CRN NUMBER then,you can apply for IPO by filling up the form from the bank. Nowadays, people like to have sophisticated life. So, instead of going bank time and often they prefer to apply IPO from home or where they are. So, for this you have to go for further step.
Step 4 : Fill up the meroshare form. And apply the IPO from where you are.
If you are here with me then be with me till the end of this blog because there you might get important information that you might regret later for missing it.
Primary market is not the actual sharemarket.
Actual Sharemarket is the SECONDARY MARKET.
Once,the IPO is alloted (distributed) to general public then, it is listed in NEPSE(Nepal Stock Exchange) where buy and sell of shares takes place from person to person through the help of broker takes place. It takes place in Secondary market.
Secondary market:
In primary market, you can only apply for IPO. To sell the alloted IPO or to buy and sell shares of the company listed in NEPSE you must enter the secondary market. Minimum 10 kitta share is traded in secondary market. Maximum depends on person.
How to enter Secondary market ?
REQUIREMENTS:
- Demat confirmation letter
- Citizenship card
- Cheque
- Pp size photo
Please follow the following steps to enter secondary market :
Step 1 : First of all, go to playstore and install CONNECT IPS or you can go to connectips site and register yourself and link your bank account.
After,you must link your bank account go to manage account and you can see your bank account details with pending status. Once,you click that you can see download pdf file option. Download it and print it and submit it to your respective bank along with citizenship card photocopy and request them to activate it.
You might think why connect ips is needed? It is needed as a medium through which payment of the shares that you bought takes place.
Step 2 : After that request your bank to provide you demat confirmation letter.
Step 3: Now go to the best broker office of your locality to open the secondary account and TMS(Trading Management System)from broker office. You can open the secondary account through online also but I suggest you to open it by visiting broker office by yourself because you can interact with them and you may clear your squeries regarding the process or confusion about secondary market.
You might find it frustating regarding how many times to visit the bank,broker office or so on. Now, read carefully you can open your bank, demat, meroshare and secondary account by visiting only TWO DAYS.
On first day,
If you have bank account then fill the demat form.
If you don't have any bank account then fill the bank account form and demat account form and request them to open it as soon as possible.
Wait until your demat account gets activated.
On Second day,
Get the CRN number by filling CASBA form.
Fill up the meroshare form.
Get your connect ips activated.
Get Demat confirmation letter.
After that,visit broker office and and fill up the secondary account form, Online TMS too.
Benefits of having online TMS account :
- You can buy and sell shares and pay or get paid of respective shares without visiting broker office.
In this blog, its just stated how you can enter the market. But to enter the market you must have enough knowledge on it. If you have any queries then comment below or contact me. I'll try to clear your queries.
For the further information you can visit various youtube channels,magazines,articles,etc.
You can get data reports live market details from following sites :
NEPSE
MEROLAGANI
More you study more you become safe.
Sharemarket is not about testing your luck. It is about applying your knowledge regarding sharemarket.
Lets meet each other in various group of sharemarkets.
Hope you get some information.
Comment down you queries.
Thankyou !!
